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UAE's real GDP expected to grow 3.7pc in 2019The outlook for the UAE economy is highly positive despite global headwinds with the country’s real gross domestic product (GDP) is expected to grow 3.7 per cent this year, reported state news agency Wam. More… |
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Saudi economic growth seen at 1.8pc in 2018Saudi Arabia’s economic growth will reach 1.8 and 2.3 percent in 2018 and 2019 respectively, with both estimates being slightly higher than what the International Monetary Fund (IMF) predicted earlier this year, according to a new report. More… |
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IMF raises Saudi economic growth forecastThe International Monetary Fund (IMF) has marginally raised Saudi Arabia’s 2018 economic growth forecast to 1.7 per cent as against the previous 1.6 per cent following the rise in crude oil prices, a report said. This is exp More… |
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Brightening outlook for GCC countries: UBSThe economic outlook in 2018 for the GCC countries is brightening despite oil prices, which have recovered since June, expected to trend sideways next year, said Swiss-based financial solutions company UBS. Further reforms are nee More… |
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Brightening outlook for GCC countries: UBSThe economic outlook in 2018 for the GCC countries is brightening despite oil prices, which have recovered since June, expected to trend sideways next year, said Swiss-based financial solutions company UBS. Further reforms are nee More… |
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Outlook for global sovereigns stable: Moody’sThe outlook for sovereign creditworthiness in 2018 is stable overall, with the healthy growth and synchronized global economic expansion of 2017 likely to continue into 2018, said Moody's Investors Service in a new report. &qu More… |
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Private sector 'to spearhead Bahrain's economic growth'Bahrain's government must build on its significant achievements and ensure sustainable economic growth and the delivery of opportunities for all under its Economic Vision 2030, said Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Su More… |
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Egypt economy ‘could expand at 6pc per year’The Egyptian economy can sustainably expand at an annual growth rate of 5 to 6 per cent, said an industry expert, noting that further reform progress is crucial and access to foreign funds is a key element in this process. “ More… |
Indian growth slows sharply in June quarterIndia's economic growth slowed sharply in the June quarter, putting the government's target further out of reach and raising concerns that Asia's third-largest economy will create too few jobs for a burgeoning workforce. More… |
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Low oil prices to impact Bahrain growth: NBKBahrain’s economic growth is expected to slow in 2016 as real growth in the oil sector receded amid a low oil price environment, a report said. Growth in real GDP will slow from an estimated 1.6 per cent in 2015 to around 1. More… |
